U Ngwe Gaing
The Lighted Festival
Estimate: 220.000 - 350.000 HKD
Price realised: 504.000 HKD
Price realised: 504.000 HKD
Description
U NGWE GAING (1901-1967)
The Lighted Festival
signed and dated ‘NGWE GAING 63’ (lower right)
oil on board
57.1 x 68.5 cm. (22 1/2 x 27 in.)
Painted in 1963
The Lighted Festival
signed and dated ‘NGWE GAING 63’ (lower right)
oil on board
57.1 x 68.5 cm. (22 1/2 x 27 in.)
Painted in 1963
Upper estimate price exceeded by 44 %.
The work The Lighted Festival by U Ngwe Gaing was auctioned at Christies in Hong Kong in May this year. It achieved a price of HKD 504,000.00 (€ 60,409.99), exceeding the upper end of the estimate range by 44%. Other works by U Ngwe Gaing have achieved even higher prices, we observed the highest auction result so far of HKD 600,000.00 (€ 66,037.09) in October 2017 for the work Elephants And Trucks With Logs.
Oberer Schätzpreis um 44 % übertroffen
Die Arbeit The Lighted Festival von U Ngwe Gaing kam im Mai diesen Jahres bei Christies in Hong Kong zur Auktion. Sie erzielte dabei einen Preis von HKD 504.000,00 (€ 60.409,99) und übertraf damit das obere Ende der Schätzpreisspanne um 44%. Andere Arbeiten von U Ngwe Gaing haben noch höhere Preise erzielt - wir haben das bisher höchste Auktionsergebnis von HKD 600.000,00 (€ 66.037,09) im Oktober 2017 für die Arbeit Elephants And Trucks With Logs beobachtet.
U Ngwe Gaing - Auction history
Other artists in this auction
